If a Firm Has a Target Inventory of $40,000,a Starting

question 4

Multiple Choice

If a firm has a target inventory of $40,000,a starting inventory of $25,000 and the cost of goods sold is $35000,what is the dollar amount of its purchases?

• A)$15,000
• B)$20,000
• C)$50,000
• D)not enough information is provided.

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Definitions:

Career Management

The ongoing process of setting personal career objectives and planning strategies to achieve them.

Performance Management

A strategic approach to ensuring the efficiency and effectiveness of an organization's workforce through setting goals, evaluating progress, and improving productivity.

Disparate Impact

Employment practices that adversely affect one group of people of a protected characteristic more than another, even though the intentions of the employer may not be discriminatory.

Selection Technique

Methods or processes utilized by organizations to evaluate and choose the most suitable candidates for a job.